Moringa Acquisition Corp (NASDAQ:MACAW – Get Free Report) saw a large decrease in short interest in the month of October. As of October 31st, there was short interest totalling 4,800 shares, a decrease of 5.9% from the October 15th total of 5,100 shares. Based on an average daily volume of 4,600 shares, the short-interest ratio is presently 1.0 days.
Moringa Acquisition Stock Performance
Shares of NASDAQ:MACAW opened at $0.03 on Friday. The firm’s 50 day simple moving average is $0.03 and its 200 day simple moving average is $0.06. Moringa Acquisition has a fifty-two week low of $0.02 and a fifty-two week high of $0.18.
Institutional Trading of Moringa Acquisition
A hedge fund recently bought a new stake in Moringa Acquisition stock. Aristeia Capital LLC bought a new position in shares of Moringa Acquisition Corp (NASDAQ:MACAW – Free Report) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 242,174 shares of the company’s stock, valued at approximately $53,000.
About Moringa Acquisition
moringa acquisition corp is a blank check company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. moringa intends to focus its search on israel-related technology companies.
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